Tranche Update on Chinese Universe Publishing and Media Group Co., Ltd.'s Equity Buyback Plan announced on January 4, 2019.
November 13, 2019
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From January 3, 2019 to November 12, 2019, the company has repurchased 22,876,306 shares, representing 1.66% for CNY 300.33 million. With this, the company has completed the repurchase of 22,876,306 shares, representing 1.66% for CNY 300.33 million under the buyback announced on January 4, 2019.
Chinese Universe Publishing and Media Group Co., Ltd., formerly CHINESE UNIVERSE PUBLISHING AND MEDIA CO., LTD., is a China-based publishing and media company principally engaged in the traditional publishing business, extension chain of business and new format business. Traditional publishing business consists of book editing and publishing, newspaper and magazines, printing and distribution and material supply. The extension chain of business includes domestic and foreign trading, chain of supply, modern logistic business and application of Internet of Things (IoT) technology. The New format business consists of new media and online education, Internet games, digital publishing, television program products, art operation, culture integration and investment and financing. The Company's main products consist of general books, text books teaching assistant materials and audio and video products.